Loren Singletary | Chief Investor and Industry Relations Officer |
Clay Williams | Chairman, President and CEO |
Jose Bayardo | SVP and CFO |
Byron Pope | Tudor, Pickering, Holt |
Marshall Adkins | Raymond James |
Scott Grubber | Citigroup |
Chase Mulvehill | Bank of America Merrill Lynch |
Bill Herbert | Simmons |
Sean Meakim | JP Morgan |
Marc Bianchi | Cowen |
Good day, ladies and gentlemen. And welcome to the National Oilwell Varco Second Quarter 2019 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session and instructions will follow at that time. [Operator Instructions].